Texas Gov. Greg Abbott celebrated another major win for The Lone Star State on Monday.
Texas was named Business Facilities’ 2023 State of the Year on January 5, an accolade the Lone Star State has received on five separate occasions and more times than any state in the nation.
“The strength and momentum of the Texas business climate is clear with a blockbuster 2023 for capital investment and job creation,” said Anne Cosgrove, Business Facilities editorial director. “Recently announced investments promise to push economic development further in 2024.”
Cosgrove highlights Google’s plans to build a second data center in the Dallas-Fort Worth area, which is expected to bring $600 million of investment in the coming years, as previously reported by The Dallas Express.
“In a state the size of Texas, business is not just finding a home in the metros. A laser focus by economic developers across the state to foster established businesses as well as innovative start-ups is paying off for communities of all sizes,” said Cosgrove.
Overall, Business Facilities crowned Texas ‘2023 State of the Year’ due to its “business-friendly environment, including legislation and incentives, workforce development programs, and the breadth of companies selecting the state for corporate relocation and expansion projects.”
“Texas moves at the speed of business,” said Gov. Abbott in a news release. “I am proud to celebrate Texas as the 2023 State of the Year alongside our state, local, and regional economic development partners, as well as the innovative industry leaders who call Texas home.”
“As recognized by Business Facilities magazine, Texas leads the nation for corporate relocations, business expansions, and job creation,” he said. “With the best business climate in the nation, leading investments in education and workforce development, and our young, skilled, diverse, and growing workforce, Texas is poised to lead the nation in 2024,” added Gov. Abbott.
Gov. Abbott has had many reasons to celebrate Texas over the last year. As reported by The Dallas Express, the Texas economy expanded faster and added more jobs over the last 12 months than any state in the nation.
